Canaccord Genuity Group Has Lowered Expectations for C3.ai (NYSE:AI) Stock Price

C3.ai (NYSE:AI) had its price target reduced by equities researchers at Canaccord Genuity Group from $16.00 to $7.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s price target suggests a potential downside of 11.67% from the stock’s current price.

Several other brokerages also recently issued reports on AI. Bank of America set a $10.00 price target on C3.ai in a report on Friday, January 30th. UBS Group reiterated a “reduce” rating on shares of C3.ai in a research report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of C3.ai in a report on Wednesday, January 21st. Wedbush cut their price target on shares of C3.ai from $20.00 to $15.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Citizens Jmp downgraded shares of C3.ai from an “outperform” rating to a “market perform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, C3.ai presently has an average rating of “Reduce” and a consensus price target of $15.87.

C3.ai Stock Performance

Shares of NYSE:AI opened at $7.93 on Thursday. C3.ai has a 52 week low of $7.73 and a 52 week high of $30.24. The company has a market capitalization of $1.12 billion, a PE ratio of -2.52 and a beta of 1.98. The company has a 50 day moving average price of $12.23 and a two-hundred day moving average price of $15.04.

C3.ai (NYSE:AI) last announced its quarterly earnings results on Wednesday, February 25th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.11). C3.ai had a negative return on equity of 53.96% and a negative net margin of 141.35%.The firm had revenue of $53.26 million for the quarter, compared to the consensus estimate of $75.91 million. During the same period in the prior year, the business earned ($0.12) earnings per share. The company’s revenue for the quarter was down 46.1% compared to the same quarter last year. On average, sell-side analysts forecast that C3.ai will post -2.44 earnings per share for the current year.

Insider Transactions at C3.ai

In related news, CFO Hitesh Lath sold 15,042 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $14.38, for a total transaction of $216,303.96. Following the completion of the transaction, the chief financial officer owned 223,120 shares in the company, valued at approximately $3,208,465.60. This represents a 6.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Thomas M. Siebel sold 511,732 shares of C3.ai stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $11.66, for a total transaction of $5,966,795.12. Following the completion of the sale, the chairman owned 722,362 shares in the company, valued at $8,422,740.92. The trade was a 41.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,884,304 shares of company stock valued at $24,970,674 in the last ninety days. 26.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On C3.ai

A number of large investors have recently modified their holdings of AI. Silicon Valley Capital Partners bought a new position in shares of C3.ai in the 2nd quarter valued at about $25,000. Larson Financial Group LLC grew its stake in C3.ai by 683.6% in the third quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock valued at $26,000 after purchasing an additional 1,292 shares in the last quarter. Farther Finance Advisors LLC grew its stake in C3.ai by 66.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock valued at $29,000 after purchasing an additional 852 shares in the last quarter. Parallel Advisors LLC increased its position in shares of C3.ai by 76.4% during the 3rd quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock worth $32,000 after purchasing an additional 801 shares during the last quarter. Finally, Comerica Bank raised its stake in shares of C3.ai by 839.1% during the 4th quarter. Comerica Bank now owns 2,423 shares of the company’s stock worth $33,000 after purchasing an additional 2,165 shares in the last quarter. 38.96% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting C3.ai

Here are the key news stories impacting C3.ai this week:

• Positive Sentiment: Restructuring could materially reduce cash burn — management outlined a restructuring that it says will generate roughly $135M of savings, which should extend runway if execution holds. I Was Skeptical Of C3.ai A Year Ago – It’s Even Worse Now (Rating Downgrade)
• Positive Sentiment: Some sell‑side support remains — Wedbush still carries an outperform stance (albeit with a lower target), indicating a subset of analysts see recovery upside if commercial momentum returns. Benzinga coverage of analyst moves
• Neutral Sentiment: CEO signals strategic focus on flexible AI scaling — management is pitching a go‑forward commercial strategy but needs to show contract wins. C3.ai wants to capture AI scaling with ‘maximum flexibility’: CEO
• Neutral Sentiment: Full earnings call transcript is available for investors to review management comments and Q&A on guidance and sales execution. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Weak results: C3.ai missed revenue and EPS estimates — Q3 revenue and EPS came in well below consensus and revenue was reported down ~46% year‑over‑year, signaling material commercial weakness. C3.ai Stock Tumbles on Wider‑Than‑Expected Q3 Loss, Revenues Down Y/Y
• Negative Sentiment: Major workforce cut and lowered outlook — the company is cutting ~26% of staff and trimmed near‑term sales guidance, prompting sharp selloffs in extended trading. C3.ai cuts 26% of global staff under new CEO’s restructuring push
• Negative Sentiment: Analysts slashed price targets and issued downgrades — multiple firms lowered targets and ratings, increasing near‑term downside risk and reducing buy‑side conviction. Benzinga roundup of analyst moves
• Negative Sentiment: Legal risk: a securities‑fraud investigation was announced, adding another overhang to sentiment and potential distraction for management. Ademi LLP Investigates Claims of Securities Fraud against C3.ai, Inc.

C3.ai Company Profile

C3.ai, Inc is a leading enterprise software provider focused on delivering scalable artificial intelligence (AI) and Internet of Things (IoT) solutions to large organizations. The company’s core offering, the C3 AI Suite, is a comprehensive, model-driven platform that unifies data ingestion, model development, and application deployment. Through its suite of tools, C3.ai enables customers to accelerate digital transformation initiatives by applying advanced machine learning, predictive analytics, and AI-driven insights across a broad range of business functions.

The C3 AI Suite provides a low-code environment for data scientists and application developers to rapidly design, test, and deploy enterprise-scale AI applications.